Rima Arora Acquires Shares in HB Estate Developers Limited, Pushing Stake to 67.50%
RIMA ARORA has acquired a stake in HB Estate Developers Limited, following a transaction executed on June 4, 2026. The acquisition involved 19,011 equity shares of the target company, bringing Rima Arora's total holding and percentage of the company significantly higher.The mode of acquisition was noted as an open market purchase. Following the transaction, RIMA ARORA’s stake in HB Estate Developers Limited increased to 67.50%.
Transaction Details
Prior to the acquisition, RIMA ARORA held a combined equity stake (including PAC) of 15,096,012 shares, representing 67.41% of the total diluted share capital.The transaction details and subsequent change in holding are summarized below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| RIMA ARORA Holding (Shares) | 15,096,012 | 15,497,260 |
| RIMA ARORA Stake (%) | 67.41% | 67.50% |
| Total Diluted Share Capital (Shares) | 15,478,249 | 15,497,260 |
Company Financial Details
The equity share capital of HB Estate Developers Limited remains consistent across the transaction period, with both pre and post-acquisition reports indicating a total equity share capital/total voting capital of 22,959,947 Equity Shares of Rs. 10/- each.RIMA ARORA is identified as the Acquirer in this acquisition of shares in HB Estate Developers Limited.
HBESD Stock Price Movement
Today, HB Estate Developers Limited shares edged higher, closing at ₹76 after a marginal gain of 0.03%. The equity settled on a total traded volume of 21,358 shares for the session today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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